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Old December 14th, 2008, 03:10 AM   #21
ElVoltageDR
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He wants to know if the Sport City of Dubai is being constructed.
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Old December 14th, 2008, 05:04 AM   #22
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Old December 14th, 2008, 05:17 AM   #23
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Quote:
Originally Posted by Soroban View Post
From http://www.meed.com/commentary/2008/...s_failure.html

Trump Tower delay in Dubai signals failure

The cranes on top of skyscrapers that once symbolised the city's stunning development will now emphasise how things have changed.

They promised it would not happen, but it did. Dubai has put one of its most high-profile building projects on hold.

The construction contract for the Trump International Hotel and Tower on the Palm Jumeirah has been terminated and the developer, Nakheel, now plans to put a concrete slab where one of the emirate's landmark buildings was supposed to be built.

The decision is shocking, even for a market where over the past three months, dreams of multi-billion-dollar projects have turned to a nightmare of slowdowns and rescheduling.

The directive to stop work on the tower is significant because it is the first committed project to be publicly put on hold. Until now, the only schemes affected by the credit crunch were those in the early stages, with such long delivery schedules that few people were committed to them, so they could afford to be slowed down.

The Trump development is different. On the sales front, investors have bought apartments and Nakheel and The Trump Organisation have held VIP parties in Los Angeles to launch the scheme.

On the construction side, designs were commissioned, contractors appointed, workers recruited, and equipment purchased. Scores of people and dozens of companies and sub-contractors were committed to the project, and their future, like the 500 Nakheel employees who were laid off last week, is now uncertain.

For Dubai, the forest of tower cranes perched on top of rapidly rising skyscrapers that used to symbolise the city's stunning development will now only emphasise how things have changed.

If it fails to finish these towers, they will become a painful sign of the promises that the emirate has failed to deliver.

Author: Colin Foreman. Gulf Bureau Chief
Dubai
DAMN YOU TRUMP !!!!!!!!!
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Old December 14th, 2008, 06:38 AM   #24
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not on hold , just less workers than before

13/December/2008









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Old December 15th, 2008, 12:04 AM   #25
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Quote:
Originally Posted by Archiffer View Post
alguien sabe, si ya se esta construyendo la ciudad deportiva en dubai????
Translation (traducción):
Does anyone know, if they are already building the sports city in Dubai?


Archiffer, sí. Pero el hilo para la Cuidad Deportiva de Dubai está aquí: http://www.skyscrapercity.com/showthread.php?t=115413.

Translation (traducción):
Archiffer, yes. But the thread for Dubai Sports City is here: http://www.skyscrapercity.com/showthread.php?t=115413.
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Old December 15th, 2008, 12:35 AM   #26
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What's the glassy structure in the first pic?
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Old December 15th, 2008, 12:42 AM   #27
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Quote:
Originally Posted by TohrAlkimista View Post
What's the glassy structure in the first pic?
If you are talking about the structure toward the top of this picture, it is a station for the Palm Jumeirah Monorail (opens April 2009).
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Old December 15th, 2008, 12:53 AM   #28
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WoW, looks cool!
Where can I see some renderings of the stations?

BTW, thank you for the answer.
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Old December 15th, 2008, 01:08 AM   #29
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Why you wanna see renders when you can see pictures of the completed stations?
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Old December 15th, 2008, 05:09 AM   #30
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Now, by sharp contrast to the tower The Donald is building over in Panama City, this building is a bold statement and worthy of the name.

Adding this to the list of buildings to see firsthand when I'm in Dubai.
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Old January 11th, 2009, 03:53 PM   #31
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UAE construction giant's order book at $8.1bn
by Tom Arnold
Sunday, 11 January 2009

STANDING FIRM: UAE's largest construction group is positive despite global slowdown. (Getty Images)Al Habtoor Leighton Group’s order book in the Gulf stands at a record high of 30 billion dirhams ($8.16 billion), despite a slowing down in the construction sector in the region, a senior manager for the contractor revealed on Sunday.

The company’s earnings growth may be affected in the short term by delays to construction projects it was involved in, but the contractor was still sticking to its original revenue target for the year, although it refused to disclose the figure, said the spokesman, who asked to remain anonymous.

He said Al Habtoor Leighton, the UAE’s largest construction group, had no plans to launch an IPO this year given the turbulent conditions in the regional markets at present.

He said the company had not made any job cuts outside of shedding staff following the completion of certain projects, in line with the firm’s normal business practice.

The group won a 8.85 billion dirham contract for the Dubai Peal project in November 2008 but the 2.9 billion dirham Trump Tower it had been contracted to build in the emirate was suspended last month.

“Our work in hand at the moment is at a record high,” said the spokesman.

“Our work in hand has continued to grow, particularly with say Dubai Pearl. Yes, Trump Tower stopped but we’ve more than made up for the work we’ve lost.”

Leighton Holdings', the Australian parent company of Leighton International, issued a profit warning in Australia last week saying its first half net profit will be 60 percent lower than previously forecast at $100 million.

But the spokesman said the downturn in the Gulf construction sector hadn’t had any impact on the profit guidance, with write-downs relating to assets in Australia primarily to blame.

“In the Gulf there are some issues with timing as through the accounting process we can only declare profit from a project at the 20 percent complete mark. So if a project is delayed slightly, even by a matter of weeks, we may not reach that 20 percent threshold so we can’t declare profit on it.”

Al Habtoor Leighton Group chairman Khalaf Al Habtoor was reported in August 2008 as saying the firm was planning to float on the region’s stock market in May this year.

But the spokesman said the firm hadn’t any firm plans to list this year and wouldn’t be doing so soon “given the market situation.”

http://www.arabianbusiness.com/54323...k+at+%248-16bn
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Old January 11th, 2009, 07:50 PM   #32
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pics from Andy W, today:

doesn't look on-hold to me:

http://************/view.php?pic=2q09g5x&s=5

http://************/view.php?pic=2cos9e9&s=5

http://************/view.php?pic=2ah6tkj&s=5

http://************/view.php?pic=34gnae9&s=5
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Old January 11th, 2009, 10:05 PM   #33
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Quote:
Originally Posted by Andy W View Post
Hi Guys, I took the following photos today of groundworks at Trump Tower. I keep hearing rumours that they're going to finish the foundations then grass it over and turn it into a park for the next few years and from what I saw today it certainly doesn't look like they're going full steam ahead on any big structures.

There was hardly any activity with the access gates closed and maybe around 25 people, most of whom weren't up to much.
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Old February 20th, 2009, 03:20 PM   #34
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Quote:
Originally Posted by Imre View Post
13/February/2009

TRUMP INTERNATIONAL HOTEL & TOWER

[IMG]http://i42.************/2v3hm50.jpg[/IMG]

[IMG]http://i44.************/30ldlio.jpg[/IMG]

[IMG]http://i44.************/6fm3xc.jpg[/IMG]

[IMG]http://i44.************/14vpaw3.jpg[/IMG]

[IMG]http://i43.************/sxgac6.jpg[/IMG]

[IMG]http://i42.************/2i6mcux.jpg[/IMG]

[IMG]http://i42.************/1059wzs.jpg[/IMG]

[IMG]http://i43.************/kt6bq.jpg[/IMG]

[IMG]http://i42.************/zvr775.jpg[/IMG]

[IMG]http://i44.************/25h26nl.jpg[/IMG]
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Old February 20th, 2009, 03:21 PM   #35
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Quote:
Originally Posted by Imre View Post
13/December/2008



13/February/2009

[IMG]http://i43.************/kt6bq.jpg[/IMG]
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Old March 15th, 2009, 10:49 PM   #36
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From Andy W - thx

[IMG]http://i40.************/2v01jqb.jpg[/IMG]

[IMG]http://i42.************/2z3xgsg.jpg[/IMG]

[IMG]http://i42.************/23lfx35.jpg[/IMG]
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Old March 15th, 2009, 10:54 PM   #37
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OMG ... It's not on hold
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Old March 15th, 2009, 11:08 PM   #38
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Quote:
Originally Posted by MKTJ View Post
OMG ... It's not on hold
I think this is a part of the metro station
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Old March 15th, 2009, 11:28 PM   #39
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Quote:
Originally Posted by MKTJ View Post
OMG ... It's not on hold
Quote:
Originally Posted by Tom_Green View Post
I think this is a part of the metro station
That is indeed part of the tower and it's on hold. They are just preparing the structure build so far, for safe burrial, till the time comes to restart.
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Old March 16th, 2009, 12:23 AM   #40
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Altin, since apparently this is going to be a park, do you know how the real estate works on this? Will the park just end up an extra expense from the owners pocket or will the city or the rail comp payments to the owners for creating a public space? Also, I'm guessing since its on hold, the park was forced to be created to prevent eye sores????
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